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    Shell Lake, WI
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    Shell Lake, WI Residential Income Properties for Sale

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    Sarona, WI Spooner, WI Barronett, WI
    Shell Lake Turnkey Duplex
    $245,000
    1,887 SF
    Shell Lake Turnkey Duplex

    22 6th Avenue, Shell Lake, WI 54871

    Updated duplex near the beach and downtown Shell Lake.
    • Turnkey duplex: Ready for immediate occupancy or rental income.
    • Two 2 bed, 1 bath units: Offers immediate rental income potential or owner‑occupancy with rental income.
    • Steps from the beach: Highly desirable location near recreational amenities.
    • Walking distance to downtown shops and restaurants: Convenient access to local amenities.
    • Updated throughout: Reduces immediate maintenance costs and increases appeal.
    Updated: Apr 22
    View details
    Shell Lake Commercial Building For Sale
    $275,000
    9,570 SF
    Shell Lake Commercial Building For Sale

    31-37 5th Avenue, Shell Lake, WI 54871

    Commercial building with apartment and fixtures in Shell Lake, WI.
    • Prime commercial location in the heart of Shell Lake with excellent visibility and accessibility.
    • Includes grocery store fixtures: coolers, shelving, POS system, and checkout stand.
    • Upper‑level apartment provides steady rental income.
    • Large parking lot with additional street parking.
    • Versatile property suitable for retail, grocery, specialty market, or other commercial uses.
    Updated: Mar 9
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Shell Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Bar and Restaurant For Sale
    $339,900
    4,172 SF
    Established Bar and Restaurant For Sale

    Beloved bar and restaurant with rental apartment near Tuscobia Trail.

    2756 23 1/2 Street, Rice Lake, WI 54868

    View details
    Corner-Lot Mixed-Use Downtown Property
    $379,900
    4,009 SF
    Corner-Lot Mixed-Use Downtown Property

    A tenant-occupied mixed-use building with street-facing retail space and a separate upper apartment.

    1 S Main Street, Rice Lake, WI 54868

    View details
    Spooner, WI Multifamily Development Lot
    $75,000
    1.08 Acres
    Spooner, WI Multifamily Development Lot

    1.076-acre lot suitable for single or multi-family development.

    Pine Drive, Spooner, WI 54801

    View details
    Spooner, WI Multi-Family Lot
    $50,000
    0.46 Acres
    Spooner, WI Multi-Family Lot

    0.46-acre lot with utilities for residential or mixed-use development.

    Dur A Bilt Road, Spooner, WI 54801

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Spooner, WI Development Opportunity
    $50,000
    0.46 Acres
    Spooner, WI Development Opportunity

    0.46-acre lot suitable for single or multi-family homes.

    Dur A Bilt Road, Spooner, WI 54801

    View details
    Barronett Land with Highway Visibility
    $119,900
    7.01 Acres
    Barronett Land with Highway Visibility

    7+ acre open-builder lot near Cumberland and Rice Lake.

    789 29 1/2 Avenue, Barronett, WI 54813

    View details
    Wooded Lots Near Big Sand Lake
    Contact for pricing
    1.59 Acres
    Wooded Lots Near Big Sand Lake

    Wooded lots with lake access easement near Webster, Wisconsin.

    Lot 5 Fosmo, Webster, WI 54893

    View details
    Wooded Lots Near Big Sand Lake
    Contact for pricing
    1.51 Acres
    Wooded Lots Near Big Sand Lake

    Wooded 1.51-acre lots with lake access easement for sale.

    Webster, WI 54893

    View details

    Shell Lake, WI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Shell Lake, WI on our real estate platform. These investment opportunities span a total of 11,457 square feet of properties for sale, with an estimated market value of $520,000.

    Sale prices for residential income properties in Shell Lake, WI start at $245,000, averaging $260,000, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 3,323
    Population Growth (5Y) +11.0%
    Median Household Income $70,100
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

    Identify Shell Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    54871 $260K

    Taxes & Financing

    Tax Rate (average for all types) 1.28%
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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